Rick Diamond/Getty Images) Quick Read The 2017 Tax Cuts and Jobs Act eliminated HELOC interest deductions except for substantial home improvements. A financial advisor incorrectly recommended a $50,000 HELOC for tax benefits that no longer exist. Paying interest to generate tax deductions rarely makes financial sense even when deductions apply. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than ex ...

Core Insights - The article discusses the investment strategies and market coverage of a senior analyst with over 10 years of experience in European and North American markets [1] Group 1: Analyst Profile - The analyst is a senior analyst and private portfolio manager with extensive experience in generating value ideas [1] - The analyst covers a wide range of markets including Scandinavia, Germany, France, UK, Italy, Spain, Portugal, and Eastern Europe [1] Group 2: Investment Focus - The analyst focuses on reasonably valued stock ideas in both the U.S. market and European markets [1] - The analyst has a beneficial long position in the shares of DLB, indicating a personal investment interest [1]

RT mert | helius.dev (@0xMert_)finance tipwhen having kids, have them 10 years apart from each otherwhy?when the older one turns 10, you can use the ballons "1" and "0" for their birthdaybut, you can also use them for the 0-year old the same year without spending extra moneybut wait, this gets more powerfulnext year, the older one turns 11 and the younger one turns 1 — you can again reuse their balloonjssame at 12 and 2, same at 13 and 3you can do this forever!infinite balloon reuse technologynow assume bir ...

Core Insights - Thrivent Bank aims to attract millennial and Gen Z customers dissatisfied with their current lenders by offering financial advice and support [1][3] - The bank received approval to operate as an industrial loan company (ILC) in June 2024, marking a significant milestone as the only ILC charter approved during the Biden administration [2][3] - Thrivent Bank differentiates itself by combining a digital platform with personal customer support, targeting consumers seeking purpose-driven financial planning [5][7] Company Overview - Thrivent Federal Credit Union transitioned to Thrivent Bank on June 1, 2024, after receiving necessary approvals [2] - The bank is based in Salt Lake City and is owned by Thrivent Holdings, expanding its customer base beyond religious affiliations [4] Business Strategy - The bank plans to launch a new digital banking interface, including savings and checking accounts, with further enhancements expected next year [6] - Thrivent Bank's technology budget is limited compared to larger banks, leading to reliance on third-party vendors for certain technological needs [6] - The bank emphasizes the importance of human interaction in banking, aiming to fill the gap left by automated services [7]

Group 1 - The article discusses the expertise of a senior analyst and private portfolio manager with over 10 years of experience in generating value ideas in European and North American markets [1] - The analyst contributes to iREIT®+HOYA Capital and Wide Moat Research LLC, covering various European markets including Scandinavia, Germany, France, UK, Italy, Spain, Portugal, and Eastern Europe [1] - The focus is on identifying reasonably valued stock ideas within these markets [1] Group 2 - The analyst holds beneficial long positions in shares of companies such as LEA, MGA, and ALV through stock ownership, options, or other derivatives [1] - The article emphasizes the importance of conducting due diligence and research prior to any investment decisions [2] - It highlights the potential risks associated with short-term trading, options trading, and futures trading, which may not be suitable for investors with limited capital or experience [2]

Core Points - The article discusses the investment positions held by the author in MSEX and YORW, indicating a beneficial long position in these shares [1] - It emphasizes the importance of conducting due diligence and research before making any investment decisions, particularly in high-risk trading styles [2] - The article clarifies that past performance does not guarantee future results and that the views expressed may not reflect those of Seeking Alpha as a whole [3] Company and Industry Summary - The author has a long position in MSEX and YORW, suggesting potential confidence in these companies' future performance [1] - The article highlights the risks associated with short-term trading and the necessity for investors to understand their risk tolerance [2] - It notes that Seeking Alpha's analysts may include both professional and individual investors, which could influence the perspectives shared in the article [3]

Group 1 - A recent survey indicates that 64% of Gen Z (ages 18-24) trust financial experts, compared to only 49% of adults aged 65 and over [1] - The survey also reveals that 58% of Gen Z receive financial advice from their parents, while only 24% consult credentialed experts [1] - Interestingly, 53% of Gen Z view TikTok as the least trustworthy source of financial advice, despite being the primary demographic of the platform [1] Group 2 - According to a Retail Investor Survey, 75% of investors believe their generation approaches wealth-building differently than previous generations [2] - Financial planners suggest that parental financial advice may be misguided due to generational differences and changing economic conditions [3][4] - Experts emphasize that the financial landscape has evolved significantly, making past advice less applicable to today's youth [5][6]

What's your number one piece of financial advice for young investors. >> Focus on your income before you focus on your investments. The amount of money that you'll have as an investor will stem from what level of your income you're able to put away.So, in your early years, I really think that like a heavy focus on the stock market is probably not time well spent until you've gotten your income to a place where you can really put money away and save. >> And what does that look like. Like, how would someone g ...

@herfirst100k / YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Influencers are no longer just shaping Americans' shopping habits and fashion choices — they're also playing a role in how people manage their money. And one type of influencer has become particularly popular: the “finfluencer.” Short for "financial influencer," these creators break down complicated topics like investing, budgeting and wealth-building in everyday language that feels ...

Core Insights - The article emphasizes the importance of following trustworthy financial influencers who provide practical and realistic advice for wealth building [1][2]. Group 1: Influencers and Their Impact - Justin Azarias attributes his wealth-building mentality to key money influencers who offer down-to-earth advice based on personal experiences rather than social media hype [2]. - Dave Ramsey's no-debt philosophy and Baby Steps approach provided Azarias with a solid foundation in personal finance, emphasizing budgeting, saving, and avoiding consumer debt [3][4]. - Graham Stephan's YouTube content offered insights into real estate investing, cash flow management, and wise credit usage, blending practical guidance with relatable stories [5][6]. - Ramit Sethi's teachings focus on aligning spending with personal values, encouraging a mindset shift towards investing in oneself and systematizing financial aspects [7].